Football Governance Bill [Lords]

Debate between Richard Quigley and Yuan Yang

2nd reading
Monday 28th April 2025 Commons Chamber

[Yuan Yang]

I have already declared my interest, and I do not agree with that intervention. It is for us in this Chamber to decide whether we want a regulator, and whether we want the Bill to be passed. The Leader of the Opposition has said that she believes that any regulator would be a waste of resources. I presume that that means that her party believes that football does not need regulation. It is for the Select Committee—previously chaired by the hon. Member for Gosport, who, in her speech, seemed to support the idea of independent regulation—to scrutinise the appointment of regulators.

Reading is one of the oldest clubs in England. It once prided itself on good governance, and was known for “the Reading way”. Since the current owners took over, we have seen four winding-up petitions and five points deductions. Sadly, the EFL, which tries to support and intervene, has been unable to effect change for our club because it lacks sufficient regulatory powers. This is where the new ownership test, as well as the new licensing regime proposed in the Bill, would have been so helpful. Reading’s crisis was avoidable, and if we had a strong, independent football regulator, we could start to fix football’s governance problems.

[Mr Quigley]

As a Sheffield Wednesday fan, I understand the financial pain that clubs experience. Does my hon. Friend agree that the Opposition do not actually know why they are objecting to the Bill?

[Yuan Yang]

I feel that I have seen a lot of fancy footwork from the Opposition that probably belongs on the pitch.

We need to build a football system that is fair, transparent and sustainable. That is why I strongly welcome the Bill, and in particular the creation of an independent football regulator. I also strongly support the new owners and directors test, but let me be clear: this regulator must have real teeth. As well as a light touch, it must have the right touch. I hope that, as well as having the power to disqualify bad owners, it will also have the power to enforce that disqualification, and that the Bill, by being able to force the sale of shares or through other interventions, can ensure that the regulation bites.

I am confident that this Bill will support clubs around the country. As I said in my Westminster Hall debate, we need a regulator that passes the Reading test, so that fans of other clubs do not have to go through what we have had to endure. I have spoken to the Sports Minister and the Secretary of State a number of times about Reading, and I am grateful that we share a vision of what English football could be—although I am sure the Sports Minister will disagree with my particular vision that Reading deserve to defeat Barnsley this weekend in order to reach the play-offs. I hope that Ministers will, in theory, support a strengthening of the ownership test by the time this Bill leaves the House.